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1 000 000 Mark
| Issuer | Stadt Crefeld (City of Crefeld) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1914-1924) |
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| Printer | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Stadt Crefeld Eine Million Mark zahlt die Stadthauptkasse Crefeld dem Einlieferer dieses Gutscheines innerhalb eines Monats nach Auf- ruf in den Crefelder Tageszeitungen Crefeld, den 1. August 1923 Der Oberbürgermeister REIHE O WORMS & LÜTHGEN CREFELD |
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| Reverse lettering | STADT CREFELD MARK 1000000 MARK |
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| Comments |
Crefeld — now spelled Krefeld — was a textile manufacturing hub in the Rhineland, and its municipal emergency money (Notgeld) from 1923 reflects the administrative scramble of the hyperinflation peak. By mid-1923, the Reichsbank could not produce currency fast enough to meet demand, so cities and towns issued their own millions and billions under emergency authority. Worms & Lüthgen, a local printing firm, handled this note in-house — which kept turnaround fast but meant quality control was secondary to output volume.
The million-mark denomination, staggering in name, represented a fraction of a day's purchasing power by the time most of these notes reached circulation.